CEM Day profits take a hit in challenging 2024 market
Summary by Motor Trader
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CEM Day profits take a hit in challenging 2024 market
C.E.M. Day battled a challenging market in 2024 with pre-tax profits down 46.9% to £16.09m on turnover up 6.4% to £303.2m. In accounts filed at Companies House it said “In 2024, the company’s performance varied across its divisions, with the persistent fluctuation in inflation and interest rates eroding consumer confidence and this posed the threat of reduced spending on high-value items. “In spite of such factors it was gratifying to see that …
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